UTG

Reaves Utility Income Fund About To Put More Money In Your Pocket (UTG)

Looking at the universe of stocks we cover at Dividend Channel, on 11/15/24, Reaves Utility Income Fund (Symbol: UTG) will trade ex-dividend, for its monthly dividend of $0.19, payable on 11/29/24. As a percentage of UTG's recent stock price of $33.67, this dividend works out to approximately 0.56%, so look for shares of Reaves Utility Income Fund to trade 0.56% lower — all else being equal — when UTG shares open for trading on 11/15/24.

UTG+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from UTG is likely to continue, and whether the current estimated yield of 6.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of UTG shares, versus its 200 day moving average:

Reaves Utility Income Fund 200 Day Moving Average Chart

Looking at the chart above, UTG's low point in its 52 week range is $25.26 per share, with $33.72 as the 52 week high point — that compares with a last trade of $33.68.


Free Report: Top 8%+ Dividends (paid monthly)

Reaves Utility Income Fund is in our coverage universe of monthly dividend paying stocks. In Wednesday trading, Reaves Utility Income Fund shares are currently up about 0.5% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:
• Funds Holding LTN
• Top Ten Hedge Funds Holding TPUB
• EOSE market cap history

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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